The number of days it takes to sell a property and the reduction needed from the initial asking price is an excellent indicator of market health. First National members are reporting that the market is moving faster and that buyers are becoming more decisive.
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With the advent of social media, Skype and improved Internet services enabling more workers to work from home, are the days of the traditional office space numbered?
An overall uplift in consumer sentiment has helped the Australian real estate market continue its 2013 trend of revival.
Recent research from RP Data reveals Australian homeowners are staying in their houses for an average of 9.3 years.
Reserve Bank assistant governor, Philip Lowe, says there is evidence that reduced cash rates are helping to lift property values and confidence in the housing market.
While much has been made of rising rents and limited vacancies, the rate of growth in weekly rents is certainly slowing.
First National Real Estate’s agents are working hard, all over Australia, dealing with renewed enthusiasm for property this spring. Since the most recent Reserve Bank cut to official interest rates, there has been a sharp rise in consumer confidence.
There are 22 million old phones in Australia that need to be recycled and kept out of landfill. The Memory Muster is the latest initiative by MobileMuster to collect and recycle these unused mobiles and accessories currently collecting dust at work or home. You can drop your phone’s off at any participating First National Real Estate office throughout Australia.
Following the release of RP Data figures yesterday, the Australian housing market has revealed a strong performance over the past quarter – largely the result of increased confidence and lower official interest rates.
Vendors were able to sell their properties in July without discounting as steeply as they did in June in most capitals, according to data released by Australian Property Monitors last week.